Category: Market Trends

British Columbia is a wonderland – a magical blend of sun-kissed mountains and blue-as-far-as-the-eye-can-see seascapes. Adding more sugar to its spice, BC’s cities and towns are as attractive as its natural beauty. It can be a tough call to decide which of its picturesque places you wish to call...

June 2024 has rung in some welcome news for prospective homebuyers in Canada! The Bank of Canada announced its first cut in four years, and the housing market is showing promising signs of recovery. According to the Canada Mortgage and Housing Corporation (CMHC), housing starts surged to 264,506 units...

The Bank of Canada announced a 0.25% rate cut last week, the first in four years. This was a welcome move and, it is hoped, a harbinger of more good news for homeowners and investors. Inflation pressures have eased enough for the BoC to cut interest rates, but the...

The Bank of Canada announced its first cut in quite some time, a 0.25% decrease that brings the overnight interest rate to 4.75%. For a first-time homebuyer, the Bank of Canada’s interest rate announcement is a crucial event that impacts your homebuying journey. The central bank’s decisions on interest...

Hold on to your hats because the world of real estate is heating up once again in Canada! Recent reports have revealed an exciting development that has caught the attention of economists and homeowners alike. Home prices and sales are on the upswing, signalling a potential shift in the...

Spring has traditionally been an upbeat season for the housing market as buyers and sellers brave Real Estate Canada. As 2024 marches on merrily, the real estate market continues to show signs of recovery across the country. The latest report from the Toronto Regional Real Estate Board (TRREB) for...